This decision came in response to a challenge to an order from the National Company Law Tribunal (NCLT) in Mumbai dated 1 October mandating the lenders repay this amount to Siti Networks, which is currently undergoing insolvency proceedings.
NCLAT agreed to hear the lenders' challenge against the NCLT's ruling but noted the need to protect Siti Networks' interests by maintaining the funds in a separate account until a final decision is reached.
Bu hikaye Mint Mumbai dergisinin October 31, 2024 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin October 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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